TSX Venture Shorts (February 28, 2005)

Short positions outstanding at Feb. 15, 2005 (change from Jan. 31).

Largest short positions Change
American Bonanza 2499806 2499806
Western Prospector Grp 763800 497500
Minera Andes 610552 439272
TLC Ventures 600000 590000
NEMI Northern Energy 532700 206200
Western Canadian Coal 523500 -349827
Cline Mining 473919 -165000
Northern Contl Res 447607 118507
Diadem Resources 361000 361000
Tyler Resources 342000 116400
Taseko Mines 334800 -27616
Canalaska Ventures 285100 43505
Augusta Resource 264640 225700
St. Jude Resources 256800 256800
Solitaire Minerals 254000 141000
Largest increases in short position
American Bonanza 2499806 2499806
TLC Ventures 600000 590000
Western Prospector 763800 497500
Minera Andes 610552 439272
Diadem Resources 361000 361000
Largest decreases in short position
Manicouagan Minerals 0 -1500000
Marathon PGM 109500 -501043
Tournigan Gold 0 -500000
Exeter Resource 0 -450000
Northern Lion Gold 0 -376500
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